Bank of America Declares Quarterly Stock Dividends

Bank of America Corporation today announced the Board of Directors
declared a regular quarterly cash dividend on Bank of America common
stock of $0.12 per share, payable December 29 to shareholders of record
as of December 1.

The Board also declared a regular quarterly cash dividend of $1.75 per
share on the 7 percent Cumulative Redeemable Preferred Stock, Series B.
The dividend is payable January 25, 2018 to shareholders of record as of
January 11, 2018.

Bank of AmericaBank of America is one of the world's leading
financial institutions, serving individual consumers, small and
middle-market businesses and large corporations with a full range of
banking, investing, asset management and other financial and risk
management products and services. The company provides unmatched
convenience in the United States, serving approximately 47 million
consumer and small business relationships with approximately 4,500
retail financial centers, approximately 16,000 ATMs, and award-winning
digital banking with approximately 34 million active users, including
approximately 24 million mobile users. Bank of America is a global
leader in wealth management, corporate and investment banking and
trading across a broad range of asset classes, serving corporations,
governments, institutions and individuals around the world. Bank of
America offers industry-leading support to approximately 3 million small
business owners through a suite of innovative, easy-to-use online
products and services. The company serves clients through operations in
all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto
Rico and more than 35 countries. Bank of America Corporation stock
(NYSE: BAC) is listed on the New York Stock Exchange.